Take Five: Trade winds to blow again?
China has headed off on Labour Day holidays but its leaders won’t be resting easy. U.S. President Donald Trump has ratcheted up anti-China rhetoric again. He is threatening trade tariffs to punish Beijing for its alleged failure to contain the coronavi…
U.S. Republicans push for coronavirus lawsuit immunity for business
The top Republicans in the U.S. Congress displayed a united front on Friday in their drive for coronavirus-related liability protections for businesses, saying such measures will be crucial to talks about future relief legislation.
Big Mac at a distance: Dutch McDonald’s trials virus-proof restaurant
Big Macs delivered on meal trolleys, hand sanitizers at the entrance and designated waiting spots to separate customers could become a feature of McDonald’s restaurants in the Netherlands when they are allowed to reopen.
Wall Street slides at open as Trump warns of new tariffs on China
U.S. stocks fell at open on Friday after President Donald Trump threatened to slap new tariffs on China over the coronavirus crisis, while Apple and Amazon became the latest companies to warn of more pain in the future.
Ryanair boss decries ‘state aid doping’ as airline sheds 3,000 jobs
Ryanair is laying off 15% of its staff in a cost-cutting drive as coronavirus restrictions prevent a return to normal service until 2021 and rivals receive billions in state aid to get back in the air, its chief executive said on Friday.
Chevron CEO Wirth says no plans to leave Venezuela: CNBC
Chevron Corp has no plans to wind down all operations or exit Venezuela, Chief Executive Officer Mike Wirth told CNBC, days after the Trump administration barred the U.S. oil major from drilling or transporting oil in the South American nation.
3M sues five vendors for attempting to sell nonexistent N95 respirators
Industrial conglomerate 3M Co said on Friday it sued five vendors for allegedly attempting to target government officials with fraudulent offers to sell billions of nonexistent N95 respirators.
Special Report: How a corporate PR machine is trying to kill a Wall Street tax
As Democratic presidential hopefuls descended on New Hampshire prior to the state’s Feb. 11 primary, John Tackeff was busy.
World stocks fall further after Trump’s China tariff threat
World stocks pulled back further on Friday on grim U.S. economic data and President Donald Trump’s threat to impose new tariffs on China over the coronavirus crisis.
For small business loan program, forgiveness may be the hardest part
The U.S. government’s $660 billion small business rescue program has stumbled on missing paperwork, technology failure, and the misdirection of funds to big corporations. Now, it is lurching toward another hurdle: forgiving those hastily arranged loans…
